Will Formula 1 need to refund sponsors for cancelled Middle East races?
Anna Sowerby dissects what happens with sponsorship agreements when events, such as Formula 1 Grands Prix, are cancelled As we enjoy yet another blockbuster summer of sport, the current global landscape is a stark reminder of just how quickly situations can change and put events at risk of being cancelled. The obvious
Middle East conflict puts Formula One finale at risk
FORMULA ONE president Stefano Domenicali says the current world championship could end in Europe if the war in the Middle East affects races planned in Qatar and Abu Dhabi at the conclusion of the season.
Domenicali said a decision will not be made before mid-September.
“For us today, the races in Qatar and Abu Dhabi a
IMF says Saudi economy resilient in face of Middle East war
RIYADH - The International Monetary Fund on July 29 said the economy of Saudi Arabia, the world’s largest oil exporter, has been resilient in the Middle East war, but cautioned against the impact of future uncertainty.Despite the war that erupted in February with US and Israeli strikes on Iran, and the retaliatory atta